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Pittsburg Home Mortgage Loans News

Pittsburg home mortgage loans

ANTIOCH, Calif. -- When the Federal Deposit Insurance Corp. seized control of IndyMac Bancorp -- the nation's 10th-largest mortgage lender by loan volume -- the agency vowed to ease terms for many of its troubled borrowers. In doing so, the FDIC ...

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FDIC Plan Tests Limits of Leniency - Wall Street Journal

With earnings dragged down again by risky subprime loans, National City Corp. dragged out the hatchet Tuesday. The Cleveland-based bank will cut 4,000 jobs over the next three years, a 13 percent reduction in employment. The move should help National ...

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National City to slash 4,000 jobs - Pittsburgh Tribune Review

WASHINGTON -- The Bush administration is embracing an adage when it comes to its financial rescue plan: Try, try again. Urgently shifting course, the administration revamped its $700 billion bailout package by jettisoning the idea of purchasing banks ...

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Rescue strategy shifts - Pittsburgh Tribune Review

WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. The plan announced Tuesday by federal officials and mortgage giants Fannie Mae and Freddie Mac sounds ...

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Feds launch mortgage aid effort - Rutland Herald

CLEVELAND -- The sale of National City Corp. on Friday leaves 7,800 local employees wondering about the future and leaves residents stinging from the loss of yet another Fortune 500 company that was a powerhouse in the community. But the Cleveland ...

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National City's choice: Sell, or maybe be sorry later - Cleveland Plain Dealer Blog

CLEVELAND -- National City Corp. said today it plans to cut 4,000 jobs nationwide in the next three years after it lost money for the fifth quarter in a row. The Cleveland bank, with nearly 8,000 local employees and 29,800 across the country, said it ...

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National City to cut 4,000 jobs, posts another big loss - Cleveland Plain Dealer Blog

Amy Chozick reports on the presidential race from Albuquerque, New Mexico. Barack Obama picked up the endorsement of the Anchorage Daily News on Sunday. Alaska’s largest newspaper said Gov. Sarah Palin has brought to the state “attention and ...

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Anchorage Daily News Endorses Obama - Wall Street Journal

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